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The pundits continue to chew over the issue of technocrats versus politicians, mostly over continuing European woes. Today, Paul Krugman in The New York Times offered a classically Krugmanesque solution to the technocrat question: redefinition. Technocrats that prove to be wrong are faux technocrats or "deeply impractical romantics." The only real technocrats turn out to be folks who agree with Krugman, who is never wrong. On Friday David Brooks in the Times pointed out an obvious irony: that euro technocrats like Mario Monti have taken power as the technocratic solution for a euro zone, created and driven by technocrats, has crumbled. Also on Friday, Michael Ignatieff in the Financial Times points out an equally obvious, if important, point: that technocrats require political legitimacy, particularly when they're ordering up a meal of austerity; that in the end you need both expertise and political skills. The European crisis represents a sort of blow to the idea that economics is the ultimate determinant for politics. This was originally a Marxist notion--the material (or economic) reality of the class struggle determined the intellectual superstructure--but it has since been diffused and diluted into the larger technocratic belief, which certainly held sway in Europe, that economics trumps politics, with its corollary that capitalism naturally leads to liberal democracy. This, in fact, is the chain of determinacies that led that Hegelian Francis Fukuyama to posit "the end of history."
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